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i think the main reason that they -- they don't want fica taxes to get so low that people get used to paying an amount that can't fund the social security trust fund. it's odd because of all the things we discussed in the fiscal cliff. >> yeah. >> most of them wish use that might affect economic growth in the future. this was a tax that, according to most people rating it, was worth about 0.8 points of economic growth, and they -- no one talked about it. >> few were talking about it. they were just trying to get to a deal as you're saying there now, dave. now we're seeing this real impact on the paychecks, might there be political backlash from voters for the president or for republicans on this. i almost said the beauty. kind of using the word ironically. the beauty of this issue like this where neither party advocated for it. neither party thinks they can be blamed. >> hurt by it. >> we know what republicans propose in various rounds of fiscal cliff negotiations, and they never proposed an extension to this. they could cynically say, look, and you hear some kind of republican pundit
i think the main reason that they -- they don't want fica taxes to get so low that people get used to paying an amount that can't fund the social security trust fund. it's odd because of all the things we discussed in the fiscal cliff. >> yeah. >> most of them wish use that might affect economic growth in the future. this was a tax that, according to most people rating it, was worth about 0.8 points of economic growth, and they -- no one talked about it. >> few were talking...
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Jan 13, 2013
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and i'm still paying taxes. >> larry, let me ask you, where do you think this whole discussion is going in the country regarding gun owners? what do you think ultimately is going to happen given that the united states supreme court said the individual has a right to have a weapon? >> i think we have got to smoke out what seems to be behind us. too many times people advocating gun control seem to be very happn elitist assumption they are worth protecting and the rest of us chopped liver. i think maybe after the tragedy in newtown people are beginning to realize we have been trying gun-free zones now for 20 years and all we get for the trouble is massacres in gun-free zones. isn't it about time that we wake up and tell the politicians either get with the program or we will get a new politician it and change these laws that militate against decent people being able to defend themselves even though the politicians can't do anything to keep criminals from getting guns to hurt the rest of us. >> larry pratt and otis mcdonald who joins us interest chicago the gun-free city that is one of the m
and i'm still paying taxes. >> larry, let me ask you, where do you think this whole discussion is going in the country regarding gun owners? what do you think ultimately is going to happen given that the united states supreme court said the individual has a right to have a weapon? >> i think we have got to smoke out what seems to be behind us. too many times people advocating gun control seem to be very happn elitist assumption they are worth protecting and the rest of us chopped...
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Jan 13, 2013
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that is, they did it through some real spending cuts but also some tax increases. and that's the kind of balance that certainly the president has been seeking and that folks here in washington have of course been squabbling about. the tax increases were largely on folks at the very high end of the scale, but they also gave a bit of a bump up to their sales taxes, and the spending cuts were not trivial and they hit lots of programs that people care about, in health care, in welfare. and i think there's a debate to see how much those cuts stick as we go forward. but i like the look of the deal in terms of its balance. >> well, the way this all happened was through this prop 30 that passed. so is this the kind of thing that federal leaders, should they have agreed on reforms and cuts like this? >> i think they should. and i think what this deal really kind ever thematically gets to, i think it gets to the heart of the questions you're asking here, alex, is here you have a governor that goes to the people of the state of california and says, i know you care a lot about
that is, they did it through some real spending cuts but also some tax increases. and that's the kind of balance that certainly the president has been seeking and that folks here in washington have of course been squabbling about. the tax increases were largely on folks at the very high end of the scale, but they also gave a bit of a bump up to their sales taxes, and the spending cuts were not trivial and they hit lots of programs that people care about, in health care, in welfare. and i think...
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>> there are many families down here, ones that pay taxes, pay their flood insurance, pay their home owners insurance and are now paying rent on top of everything else. they have the money, i'm sure each and every one of them got their christmas bonuses we're sitting here, sitting here trying to do everything ourselves. >> alisyn: they have been waiting a long time and obviously very angry. the house of representatives are set to vote on the 51 billion dollar release bill on tuesday. this is good news on the condition of former president george h.w. bush. last night a spokesman for the 41st president said he could be released from a houston hospital this week, and president bush's son jeb is more optimistic and he says he thinks his father will go home tomorrow. the 88-year-old was admitted for a bronchitis related cough. >> mike: what a night if you're a football fan. if you watched the broncos-ravens game. >> tucker: no. >> mike: it's an instant classic, we'll see it over and over again on espn. under a minute to go, ravens q.b. flacco hits the hail mary kind of pass and i don't kn
>> there are many families down here, ones that pay taxes, pay their flood insurance, pay their home owners insurance and are now paying rent on top of everything else. they have the money, i'm sure each and every one of them got their christmas bonuses we're sitting here, sitting here trying to do everything ourselves. >> alisyn: they have been waiting a long time and obviously very angry. the house of representatives are set to vote on the 51 billion dollar release bill on...